Comments on: That old-time feeling… http://sovereignspeculator.com/2009/07/23/that-old-time-feeling/ Thoughts on the markets and the decline of the west Sun, 28 Nov 2010 18:53:52 +0000 http://wordpress.org/?v=2.6 By: Anonymous 2 http://sovereignspeculator.com/2009/07/23/that-old-time-feeling/#comment-4624 Anonymous 2 Fri, 24 Jul 2009 05:30:30 +0000 http://sovereignspeculator.com/?p=2514#comment-4624 It's really simple, we needed this comical up in the market to pile up enough energy for the next PUSH down .... what is amazing to me is that people don't get the manipulation: 1. Lower earnings estimates to really low levels. 2. Companies apply financial shenanigans by applying orders from Q3 and Q4 into Q2 and lay people off / cost cutting 3. Eh volia .. they beat the estimates after 6 months from the "crash" when people have enough time to forget about hte miserable Sept/ Oct / Nov 2008 they had etc.. Result: Rally!!!!!! Cramer says stocks will spiral up! Analysts say Dow 12000 or 14000 in 2010! Unemployment headed to 12%, Alt A Mortages to blow up, Commercial Real Estate coming down the road ... ah, this is going to fun to see Cramer on the Comedy Channel again! It’s really simple, we needed this comical up in the market to pile up enough energy for the next PUSH down …. what is amazing to me is that people don’t get the manipulation:
1. Lower earnings estimates to really low levels.
2. Companies apply financial shenanigans by applying orders from Q3 and Q4 into Q2 and lay people off / cost cutting
3. Eh volia .. they beat the estimates after 6 months from the “crash” when people have enough time to forget about hte miserable Sept/ Oct / Nov 2008 they had etc..

Result: Rally!!!!!!

Cramer says stocks will spiral up!
Analysts say Dow 12000 or 14000 in 2010!

Unemployment headed to 12%, Alt A Mortages to blow up, Commercial Real Estate coming down the road … ah, this is going to fun to see Cramer on the Comedy Channel again!

]]> By: Graphite http://sovereignspeculator.com/2009/07/23/that-old-time-feeling/#comment-4618 Graphite Fri, 24 Jul 2009 01:03:29 +0000 http://sovereignspeculator.com/?p=2514#comment-4618 I still love GE as a potential disaster in the making, with lots & lots of liquidity in the long-dated OTM puts. I still love GE as a potential disaster in the making, with lots & lots of liquidity in the long-dated OTM puts.

]]> By: Mike http://sovereignspeculator.com/2009/07/23/that-old-time-feeling/#comment-4609 Mike Thu, 23 Jul 2009 17:24:29 +0000 http://sovereignspeculator.com/?p=2514#comment-4609 I have bought a lot of puts today. Doesn't really matter on what -- we are back to "all the same market." This is the silly phase. I have bought a lot of puts today. Doesn’t really matter on what — we are back to “all the same market.” This is the silly phase.

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